For several minutes the Chronic Dev Team has released the updated version of Absinthe 2.0.4 to run the jailbreak untethered iPad 2 of the second edition with iPhone OS 5.1.1 Now all Apple devices have a tool to jailbreak untethered type except third-generation Apple TV.
How to use Absinthe 2.0.4
2) Make a backup of your device
3) Connect device to PC / Mac
4) Start Absinthe 2.0.4
5) Click on Jailbreak
6) Wait until the process
Now you can enjoy your IPAD with Jailbreak!